Central banks are contributing to world gold demand. The latest data from the World Gold Council indicate even more changes among the nations holding the most in gold reserves. Those are also some…
Jon C. Ogg Paulson & Co. Inc. is another hedge fund group that investors use for Whale Watching, although this last quarter was not exactly kind to Mr. Paulson’s billions… The current 13F report shows…
We often look for a read on gold and silver and we have a potentially interesting development underway. We track these via iShares Silver Trust (NYSE: SLV) and SPDR Gold Shares (NYSE: GLD),…
Leveraged ETFs and ETNs are not new to most investors. They are also not new in all cases when it comes to precious metals. You are likely familiar with the SPDR Gold Shares (NYSE: GLD)…
Paper money was supposed to be dead, the dollar was supposed to implode, and hyperinflation from all of the bailout money and deficit spending was supposed to eat us alive. It was…
A state superior court judge in Alaska has ruled against an environmental group in a lawsuit aimed at stopping development of the Pebble gold and copper mine project in the state. The…
In what appears to be a counterintuitive move, CME Group (NASDAQ: CME) today raised its margin requirements for copper futures contracts. The requirement rose by 15%, from $6,750 to $7,763 for an…
The markets opened in the red this morning but have recovered after the ISM Manufacturing data favored very low growth rather than recession. There were a number of stocks getting a boost right…
On the way up, you heard many $2,000 gold targets. On the way down, the dooms-day crowd not only gets bold but they come out of the woodwork. Monday marked another day…
Owning gold or silver has been tricky up until recent years. It has also been a wild ride. Now with the flourishing ETFs, investors can buy the most liquid gold play in…
At yesterday’s meeting for investors, Rio Tinto plc (NYSE: RIO) offered a subdued forecast for the iron ore and copper markets going forward. There was some upbeat talk about new projects in…
Demand for gold as a safe haven has driven demand for more places to store that gold. And it’s getting harder more difficult to find that storage, resulting in a boom of…
Currency traders really don’t like governments to intervene in the global currency market. Such moves tilt the playing field in unexpected ways that can cause traders to unwind positions that would have…
Just two weeks after raising margin requirements on its 100-ounce gold contract, CME Group Inc. (NYSE: CME) has bumped the requirement again by 27%. It now costs a non-commercial (speculative) buyer $9,450…
Research in Motion Ltd. (NASDAQ: RIMM) can use all the help it can get, and there is a rumor that the new Blackberry smartphones will run Android apps from Google Inc. (NASDAQ:…
